FIU Governance Advisor at Commerce Bank in Kansas City, Missouri

Job Description:

About Working at Commerce



Building a career here is more than just steps on a ladder. It's about helping people find financial safety and success, helping businesses thrive, and making sure people and their money are taken care of. And our commitment doesn't stop there. Our culture is about our people, the ones in our communities and the ones that work with us.


Here, you'll find opportunities to grow and learn, to connect with others, and build relationships with the people around you. You'll have the space and resources to grow into the best version of yourself. Because our number one investment is you.


Creating an award-winning culture doesn't come easy. And after more than 155 years, we know Commerce Bank is only at its best when our people are. If this sounds interesting to you, keep reading and let's talk.



Compensation Range

Hourly: $25.70 - $44.70 (Amount based on relevant experience, skills, and competencies.)



About This Job



The main purpose of this job is to ensure adherence to Bank Secrecy Act (BSA)/Anti-Money Laundering (AML)/Office of Foreign Assets Control (OFAC) statutes and regulations and the Commerce Bank BSA/AML/OFAC Policy. Assure adherence to applicable regulations and business line policies and procedures. Review and analyze data to form conclusions and perform other tasks to positively impact regulatory outcomes.



Essential Functions

• Assist with updating and completing the annual Bank Secrecy Act (BSA)/Anti-Money Laundering (AML) Risk Assessment process
  
  


• Assist in preparation for internal audits and regulatory examinations
  
  


• Foster and maintain relationship between Financial Intelligence Units (FIUs) and various lines of business whose products and policies have a direct impact on the bank's BSA/AML/Office of Foreign Assets Control (OFAC) risk
  
  


• Assist with impact analysis related to regulatory Enforcement Actions
  
  


• Manage and maintain FIUs adherence to 311 Special Measures guidance
  
  


• Assist with the FIU's research/resolution on issues related to the bank's front-end Enhanced Due Diligence (EDD) processes
  
  


• Perform Quality Control reviews on AML and Corporate Investigations cases that necessitate Suspicious Activity Report (SAR) filings, as needed
  
  


• Perform Quality Control processes to ensure AML and external business line policies and procedures are being followed, as needed
  
  


• Assist in analyzing and updating Commerce's BSA/AML/OFAC Policy
  
  


• Assist in preparation of management reports, as needed
  
  


• Prepare and distribute statistical reports as needed or requested
  
  


• Assist with the development and review bank-wide regulatory training as it pertains to BSA/AML/OFAC
  
  


• Assist with the update of annual Board training as it pertains to BSA/AML/OFAC
  
  


• Assist with the completion of annual Wolfsberg update and response to program verification requests from external relationships
  
  


• Perform other duties as assigned
  
  

Knowledge, Skills & Abilities Required

• Moderate knowledge of BSA/AML/OFAC statutes/ regulations/changes and their potential impact on Commerce's BSA/AML/OFAC Policy
  
  


• Ability to comprehend risk and controls
  
  


• Excellent reading and comprehension skills
  
  


• Motivated and organized self-starter with strong attention to detail and the ability to manage multiple priorities
  
  


• Inquisitive, agile, and strong team player with excellent written, verbal, and interpersonal communication skills
  
  


• Ability to remain adaptable and resilient to all situations with an optimistic outlook and cast a positive shadow that is aligned with our culture and Core Values
  
  


• Intermediate level proficiency with Microsoft Word, Excel, Teams, and Outlook
  
  

Education & Experience

• Bachelor's degree in Audit/Accounting, Criminal Justice, or Business Administration or equivalent combination of education and experience required
  
  


• 1+ years banking and/or investigations experience in Compliance, Audit, Deposit Operations, or retail banking required
  
  


• Experience with FinTechs and emerging technologies preferred
  
  


• Certified Anti-Money Laundering Specialist (CAMS) certification preferred
  
  

**Level of role is determined by knowledge, experience, skills, abilities, and education


***For individuals applying, assigned and/or hired to work in areas with pay transparency requirements, Commerce is required by law to include a reasonable estimate of the compensation range for some roles. This compensation range is for the FIU Governance Advisor I, II & Senior job and contemplates a wide range of factors that are considered in determining most appropriate job level and making compensation decisions, including but not limited to location, skill sets, education, relevant experience and training, licensure and certifications, and other business and organizational needs. The disclosed range estimate has not been adjusted for any applicable differentials (geographic, bilingual, or shift) that could be associated with the position or where it is filled. At Commerce, it is not typical for an individual to be hired at or near the top of the range for their role, and compensation decisions are dependent on the facts and circumstances of each situation. A reasonable estimate of the current base pay is $25.70 to $44.70 per hour. The candidate selected for this position may be eligible for the following employment benefits: employer sponsored health, dental, and vision insurance, 401(k), life insurance, paid vacation, and paid personal time. In addition, we offer career development, education assistance, and voluntary supplemental benefits. Click here to learn more.


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Location: 922 Walnut, Kansas City, Missouri 64106


Time Type:
Full time Apply Now